"The top 1% user is spending $903 per month on AI... The median is spending $25." a16z's Olivia Moore breaks down who actually pays for AI, under 5% of US consumers, with the top 10% of them driving half the revenue: "About half of Americans report using AI, and about 25% think they're interacting with AI on close to a daily basis." "The spending data is much more concentrated." "Our Yipit panel shows around 4.5% of US consumers are paying a subscription to an AI product. Some other sources say as low as 2% or 2.5%. It is expanding, that's doubled from a year ago." "Even within that top 4.5% who do spend, the top 10% of those are more than half of the revenue, and the top 1% are 20% of the revenue... The top 10% of users are driving this market." "We could also see what products they're actually spending on. Probably unsurprisingly, it was mostly developer tools, productivity tools, creative tools, things used to build, make, sell." @omooretweets